First Interstate expects 3Q 2026 to be the bottom for average earning assets as it lifts buyback authorization to $450M
Seeking Alpha ·
Earnings Call Insights: First Interstate BancSystem, Inc. (FIBK) Q2 2026 James Reuter (President, CEO & Director) said the quarter extended several operating and balance-sheet trends, including that “Net interest margin expanded for the ninth consecutive quarter,” while “deposit costs continued to decline” and “criticized loans declined meaningfully.” He also flagged
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First Interstate BancSystem projects the third quarter of 2026 to be the trough for average earning assets and has expanded its share repurchase authorization to $450 million. It demonstrated solid fundamentals with nine consecutive quarters of net interest margin expansion and declining deposit costs. These improving management metrics, combined with stronger shareholder return policies, are positively impacting investment sentiment.
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- Banks — Expectations for increased shareholder returns are rising due to nine consecutive quarters of net interest margin expansion and a $450 million share repurchase authorization.
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DYAX Investor Sentiment
Bullish (Long) 53% · Bearish (Short) 47%
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